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Canadian Tech in 100 Words

Relay Raises $50M to Expand Banking Platform

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Toronto-born fintech Relay Financial has raised $50 million from General Catalyst’s Customer Value Fund to expand its business banking platform. Relay serves more than 150,000 small businesses and manages over $1.3 billion in customer deposits.

Chief executive Yoseph West said the funding will help grow Relay’s brand and market reach, particularly among American entrepreneurs seeking cash flow clarity. The round follows a US$32 million financing led by Bain Capital Ventures in 2024. Relay recently launched term loans through Relay Capital, adding lending to its platform as demand for small-business financing rises.

Want to know more? Check out the source code on Fintech.ca.

Rogers Invests $5M in Vancouver 5G

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Rogers is investing $5 million to upgrade its 5G+ network in Vancouver ahead of the FIFA World Cup. The improvements will target BC Place, fan zones, hotels, SkyTrain stations, and high-traffic downtown areas to support visitors and residents during the tournament.

Rogers said the upgrades include additional spectrum, temporary Cells on Wheels, and new technology to improve speed, capacity, and reliability. The investment builds on prior network work at BC Place before Taylor Swift’s Eras Tour. Rogers is also investing in Toronto as Canada prepares to host global soccer events.

Want to know more? Check out the source code on Techcouver.

CoreWeave Anchors Calgary AI Data Centre

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CoreWeave will anchor the first phase of eStruxture’s new CAL-3 data centre in Rocky View County, strengthening Calgary’s position in artificial intelligence infrastructure. Montreal-based eStruxture said the 90-megawatt, Tier III-designed facility will come online in the second half of 2026 and support high-density AI computing.

The project forms part of more than $1 billion in Alberta digital infrastructure investment. CoreWeave, a Nasdaq-listed AI cloud platform, cited provincial support as a factor in long-term investment. Executives said the deal reinforces Alberta’s role in Canada’s data economy and global AI supply chain.

Want to know more? Check out the source code on Calgary.tech.

Second-Life Battery Site Targets Global Scale

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Moment Energy is building a new Surrey facility it says will become the world’s largest certified second-life battery repurposing site. Announced at Web Summit Vancouver, the project is expected to reach full operations by the end of June 2026 and scale to 1 GWh of capacity by 2030.

The facility will create more than 100 skilled jobs and support energy storage demand from data centres, utilities, and industrial customers. Moment repurposes retired electric vehicle batteries into commercial storage systems, extending material life while supporting power resiliency and domestic clean energy infrastructure.

Want to know more? Check out the source code on CleanEnergy.ca.

TELUS Bets on B.C. AI Infrastructure

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TELUS is planning a major sovereign AI data centre cluster in British Columbia, working with the Government of Canada under its Enabling Large-Scale Sovereign AI Data Centres initiative. The proposed cluster will span three facilities: an expanded Kamloops data centre and two new Vancouver sites developed with Westbank and partners.

At full scale, TELUS expects more than 60,000 high-performance GPUs and over 150 megawatts of capacity by 2032. The company says the project will inject $9 billion into the Canadian economy, support domestic AI training and inference, and help keep sensitive data and intellectual property in Canada.

Want to know more? Check out the source code on DataCentre.ca.

Rogers Expands Satellite Coverage Into U.S.

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Rogers Communications has expanded its satellite-to-mobile coverage into the United States through a partnership with T-Mobile, extending connectivity for Canadian customers travelling beyond traditional cellular networks. The move adds approximately 1.3 million square kilometres of coverage, enabling users to send text messages, access select apps, and receive emergency alerts in areas without cell service.

The service integrates Rogers Satellite with T-Mobile’s T-Satellite network and is included at no additional cost for certain plans. Executives said the expansion enhances cross-border connectivity while reinforcing Rogers’ position in satellite-enabled mobile infrastructure.

Want to know more? Check out the source code here.

Wealthsimple Enables Trading via X Cashtags

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Wealthsimple has partnered with social media platform X to enable Canadian users to trade financial assets directly from “Smart Cashtags,” linking online discussions with execution. The feature allows users to tap ticker symbols within posts and be redirected to Wealthsimple’s platform to complete trades.

X has integrated real-time data, charts, and related content into cashtag pages, aiming to streamline the connection between market information and action. Wealthsimple said trading remains on its platform, with no user data shared with X. The rollout reflects a broader push toward integrating financial services into social platforms.

Want to know more? Check out the source code on Fintech.ca.

NorthX Invests $2.2M in Wildfire Tech

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NorthX Climate Tech has committed $2.2 million in follow-on funding to three British Columbia companies developing wildfire technologies. The recipients—CRWN.ai, Nova, and Skyward Wildfire Technologies—are advancing solutions for early detection, monitoring, and prevention. CRWN.ai focuses on power line risk detection, Nova provides AI-driven wildfire intelligence, and Skyward targets lightning-caused ignitions.

NorthX said the investments aim to scale field-tested technologies as wildfire risks increase. Since 2021, the organization has invested more than $50 million in climate innovation projects. Officials emphasized the importance of deploying proven tools to mitigate growing environmental and infrastructure threats.

Want to know more? Check out the source code on Techcouver.com.

Hypertec Brings NVIDIA AI Manufacturing to Canada

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Montreal-based Hypertec has secured designation as NVIDIA’s first Canadian original equipment manufacturer partner, enabling domestic production of AI systems and servers. Through its Ciara division, the company will manufacture NVIDIA-certified infrastructure in Canada, supporting enterprises, researchers, and public institutions.

The partnership provides access to NVIDIA’s engineering resources, product roadmaps, and integration frameworks. Officials say the move strengthens Canada’s domestic supply chain and advances sovereign AI ambitions. The initiative is expected to generate significant economic activity and high-skilled jobs, while helping bridge the gap between Canada’s research leadership and industrial-scale AI deployment.

Want to know more? Check out the source code on DataCentre.ca.

Legora Opens Toronto Office After Walter Deal

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Legal AI company Legora has opened its first Canadian office in Toronto, expanding its North American presence following its acquisition of Vancouver-based startup Walter. The move strengthens Legora’s foothold in Canada, where it already serves major law firms including McMillan and Stewart McKelvey.

Executives said the expansion will support closer collaboration with legal teams and accelerate adoption of AI across workflows such as research, drafting, and review. The Toronto office builds on Walter’s local relationships and talent base, positioning Legora to scale its platform in a market increasingly focused on enterprise-wide AI deployment.

Want to know more? Check out the source code on LegalTech.ca.